General insurance provides coverage for non-life risks and property such as homes, vehicles, health and more. It protects against risks like fire, theft, floods and other damages. Some key types of general insurance include car, liability, marine, fire, engineering and burglary insurance. Purchasing general insurance offers benefits like peace of mind, investment savings, financial security and independence. To make a claim, policyholders must submit documents like the claim form, license, bills and police reports, depending on the type of insurance and incident. Major insurance companies in India offer various general insurance options.

1. GENERAL INSURANCE
Live worry-free!

2. WHAT IS GENERAL INSURANCE?
 Any sort of 'non-life' insurance policy falls under General Insurance
 It is also called as property & casualty insurance
 General Insurance covers property against :
 Fire
 Burglary
 Theft
 Flood storm
 Earthquake and so on
 It also covers
 Machinery against breakdown
 Hull of ships
 Motor vehicles against damages etc.
 General insurance covers almost everything including your home, car and health
 These policies are easy to purchase online

3. WHY INSURANCE?

4.  An insurance policy is a contract made between a policy-holder and
an insurance company
 In agreement of paying a 'premium' amount, on a regular monthly
basis, for a certain period of time, a person or his/her beneficiary
receives coverage
WHAT IS AN INSURANCE POLICY?

5. TYPES OF GENERAL INSURANCE

6.  It is a mandatory product to buy after you purchase your car
 Car repair expenses can be claimed in case of a car accident
 It provides protection against third-party liability and physical
damages from:
 Fire
 Theft
 Burglary
 Riots
 Earthquakes
 Flood
 Cyclones
CAR INSURANCE

7.  This insurance is purchased to protect an individual or a business
 It covers the risk of
 Property damage
 Bodily injury to third party
 Being held legally liable for negligence
 It cover legal pay-outs and costs for which the person insured would
be held responsible
LIABILITY INSURANCE

8. MARINE INSURANCE
 Marine insurance refers to coverage provided for the loss or even damage
that has been caused to cargo, ships, terminals between their points of origin
and final destination
 Four types of marine insurances:
1. Hull Insurance
2. Cargo Insurance
3. Freight Insurance
4. Liability Insurance

9. FIRE INSURANCE
 It covers any damage to property as a result of a fire
 It goes beyond property insurance and covers:
 The cost of reconstruction
 The cost of replacement
 The cost of repair
 The loss can be ascertained only after the
fire has occurred
 The insurer is liable to the actual amount
of loss not exceeding the maximum amount fixed under the policy

10. ENGINEERING INSURANCE
 It is also referred to business insurance
 It provides coverage for
 Damage to machinery
 Business interruption
 Stock deterioration
 Computers and electronic equipment

11. BURGLARY INSURANCE
 Insurance provided against the damage in one’s residence as a
result of burglary/theft is known as burglary insurance
 It provides financial compensation against loss or damage to
property contained in your premises by acts of burglary
 It is essential to purchase this plan, especially in areas which are
prone to thefts.
 This Insurance covers
 Cash
 Valuables
 Securities kept in a locked safe
 Cash box in locked steel cupboard

12. BENEFITS OF GENERAL INSURANCE
Benefits
Peace of
mind
Investment
Savings
Self-
dependency
Financial
security
Stability

13.  Copy of claim intimation given to insurer with Xerox copy of policy & premium
receipt
 Duly filled Claim Form
 Driving License
 Registration Certificate of Vehicle
 Estimate of repairs from repairer and
stamped receipt
 Bills and Cash Memo of repairs
 Verification of road tax
 Police Panchanama/FIR
 Permit and Fitness Certificate
 Other documents depending on which policy is purchased
CLAIM DOCUMENTS

14. INSURANCE COMPANIES IN INDIA

15. THANK YOU